Coinbase Spot Ether Buy Orders Exceed Sell Orders by About $1.83 Million

Coinbase’s spot Ether (ETH) order book showed about $1.83 million more buy orders than sell orders in a market snapshot, with greater buy-side depth than the Binance markets examined. With ETH quoted at $2,452.55, Coinbase spot displayed $12.27 million in buy orders and $10.44 million in sell orders. The figures captured orders displayed near the market at the time of the snapshot. Binance’s spot and perpetual markets also showed more buy-side than sell-side depth. Buy-side depth in each market was smaller than the $12.27 million displayed on Coinbase spot.

Source: TokenPost